PPP Loan information for Cotten's welding & muffler shop

$4,300

Cotten's welding & muffler shop was initially approved for PPP Loan of amount $4,300, the current approved amount is $4,300. The loan was approved on 04/28/2020 by The Planters Bank & Trust Company reported 1 jobs and $4,300 was used to fund payroll.

Cotten's welding & muffler shop is Existing or more than 2 years old

COTTEN'S WELDING & MUFFLER SHOP

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COTTEN'S WELDING & MUFFLER SHOP

Borrower Address

1024 S CREEK RD

Borrower City

CHARLESTON

Borrower State

MS

Borrower Zip

38921-9109

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4300.00

Current Approval Amount

4300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLESTON

Project County Name

TALLAHATCHIE

Project State

MS

Project Zip

38921-9109

CD

MS-02

Jobs Reported

1

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

400.00

Payroll Proceed

3900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4322.85

Forgiveness Date

11/12/2020

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